$1,900,000
SOLD MAY 22, 2025

1724 La Vereda Rd Berkeley, CA 94709

North Berkeley Neighborhood
7 Beds
5 Baths
2,509 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$757 Per Sq Ft

3% Below List Price

61 Days on Market

Highlights

  • Chain Of Lake Views
  • Wooded Lot
  • No HOA
  • Emerson Elementary School Rated A
  • Wood Flooring
  • Cooling Available

About This Home

As of May 2025

Located just 0.3 miles from UC Berkeley, 1724 La Vereda Rd is a rare, high-performing student housing investment in North Berkeley’s competitive rental market. Fully leased at $14,000/month with a history of near-zero vacancy, this turnkey four-unit property delivers immediate, reliable cash flow in a low-risk, high-demand sector. The 2,509 sq. ft. lot includes one studio, two 2-bed/1-bath units, and one 3-bed/2-bath unit across two buildings—each equipped with in-unit laundry and a fixed utility fee model, ensuring stable operating income. Steps from Safeway, Peet’s Coffee, and the Gourmet Ghetto dining corridor, tenants enjoy built-in lifestyle convenience, while AC Transit and BART access just minutes away make commuting effortless. With a proven income stream and built-in demand, this is an unbeatable opportunity for investors seeking stability, growth, and long-term appreciation.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 02/07/2025

Keller Williams Realty

Last Buyer's Agent

Jan Lester Dayanghirang

Kollab Real Estate License #02130741

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,676

Year Built

  • Built in 1929

Lot Details

  • 5,000 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Paved or Partially Paved Lot
  • Lot Sloped Down
  • Wooded Lot
  • Garden

Parking

  • On-Street Parking

Property Views

  • Chain Of Lake
  • City Lights
  • Woods
  • Trees
  • Hills
  • Forest

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Shingle Exterior
  • Wood Siding
  • Shingle Siding
  • Asphalt
  • Stucco

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Hot Water Heating System
  • Electricity To Lot Line
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2,509 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 58220751

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,676

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Year Built: 1929
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Directions: North on Shattuck Ave, right on Virginia St
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater, Tankless Water Heater
  • Basement YN: No
  • Total Bedrooms: 7
  • Interior Amenities: Shower Stall(s), Tub w/Shower Over
  • Window Features: Window Coverings

Exterior Features

  • Fencing: Partial, Wood
  • Lot Features: 2 Houses / 1 Lot, Sloped Down, Paved, Wood
  • View: City Lights, Forest, Hills, Lake, Trees/Woods
  • View: Yes
  • Construction Type: Brick, Concrete, Stucco, Wood Siding, Asphalt, Shingles, Siding - Stucco, Wood
  • Exterior Features: Side Yard, Entry Gate, Garden

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Heating: Natural Gas, Wall Furnace, Hot Water
  • Utilities: Water/Sewer Meter on Site, All Public Utilities, Natural Gas Available, Natural Gas Connected, Master Electric Meter
  • Cooling: Ceiling Fan(s)
  • Laundry Features: 220 Volt Outlet, Dryer, Gas Dryer Hookup, In Unit, Laundry Equip - Owned, Washer, Washer/Dryer Hookups
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • Parcel Number: 58220751
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4225.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2017
Sold by
So Hoi Sheung Wilson and Mei Ying
Bought by
Mobin Farzad and Mobin Touria
Total Days on Market
61

Purchase Details

Closed on
Jun 26, 2017
Sold by
Weiss Michael H and Michael H Weiss Living Trust
Bought by
So Hoi Sheung Wilson and Mei Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2006
Sold by
Weiss Michael H
Bought by
Weiss Michael H and Michael H Weiss Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.33%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,090,000 First American Title Company
Grant Deed $1,070,000 Placer Title Company
Interfamily Deed Transfer -- Alliance Title Company
Interfamily Deed Transfer -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Credit Line Revolving
Open $735,000 Adjustable Rate Mortgage/ARM
Previous Owner $750,000 Commercial
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $185,000 Commercial
Previous Owner $120,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $1,900,000 -2.6% $757 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $1,950,000 -- $777 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,676 $1,226,831 $446,200 $780,631
2023 $21,360 $1,202,778 $437,452 $765,326
2022 $20,379 $1,179,198 $428,876 $750,322
2021 $20,420 $1,156,080 $420,468 $735,612
2020 $19,383 $1,144,236 $416,160 $728,076
2019 $18,108 $1,121,800 $408,000 $713,800
2018 $17,673 $1,090,000 $400,000 $690,000
2017 $4,555 $131,390 $53,638 $77,752
2016 $4,306 $128,813 $52,586 $76,227
2015 $4,219 $126,878 $51,796 $75,082
2014 $4,308 $124,394 $50,782 $73,612
Source: Public Records

Agents Affiliated with this Home

  • Joey Wang

    Seller's Agent in 2025

    Joey Wang

    Keller Williams Realty

    (510) 592-5554

    5 in this area

    137 Total Sales

    Joey Wang
    Section Image

  • J

    Buyer's Agent in 2025

    Jan Lester Dayanghirang

    Kollab Real Estate

See All Agents

Map

Source: bridgeMLS

MLS Number: 41085089

bridgeMLS

APN: 058-2207-005-01

California Alameda County Berkeley 94709 North Berkeley

1724 La Vereda Rd, Berkeley, CA

This home is located at 1724 La Vereda Rd, Berkeley, CA 94709 and is currently priced at $1,900,000, approximately $757 per square foot. This property was built in 1929. 1724 La Vereda Rd is a home located in Alameda County with nearby schools including Emerson Elementary School, John Muir Elementary School, and Malcolm X Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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